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H.R.1033 / 116th Congress

REPAY Act

Referred to the House Committee on Foreign Affairs.

Official summary

Version 00 · Introduced in House · Feb 7, 2019

Return Expenses Paid and Yielded Act or REPAY Act

This bill modifies certification and reporting requirements related to certain defense equipment sales to foreign countries or international organizations, and limits the President's authority to waive various research, development, and production costs charged to the buyer in such sales.

The President shall, in the certification submitted to Congress for a sale of major defense equipment of $14 million or more, provide information about any waived or reduced charges for the proportionate amount of nonrecurring research, development, and production costs in the sale. The certification shall include additional information such as the type of waiver provided to the buyer, the justification for the waiver, and in certain instances the manner in which the sale would help standardization between the buyer's forces and the U.S. Armed Forces.

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The President may not waive such nonrecurring charges if the buyer has received (1) $16 million worth of such waivers in the past two years, (2) 15 waivers in the past five years, or (3) $425 million worth of waivers in the past five years.

The bill also allows Armed Forces salaries and civilian benefits costs to be included as chargeable administrative expenses related to such defense equipment sales.

Read the summary on Congress.gov
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Who introduced it

Rep. Speier, Jackie [D-CA-14] · D–CA

Committees

  • Foreign Affairs Committee
6 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the House Committee on Foreign Affairs.

  2. Introduced in House

  3. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Jan 3, 2025. Consult Congress.gov for the current record.

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